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Why NYSE:APO qualifies as a high growth stock.

By Mill Chart

Last update: Mar 18, 2024

In this article we will dive into APOLLO GLOBAL MANAGEMENT INC (NYSE:APO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed APOLLO GLOBAL MANAGEMENT INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

  • The quarterly earnings of APOLLO GLOBAL MANAGEMENT INC have shown a 34.51% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 143.0%, APOLLO GLOBAL MANAGEMENT INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • Over the past 3 years, APOLLO GLOBAL MANAGEMENT INC has demonstrated 49.43% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • With a solid Return on Equity (ROE) of 34.44%, APOLLO GLOBAL MANAGEMENT INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
  • The Relative Strength (RS) of APOLLO GLOBAL MANAGEMENT INC has consistently been strong, with a current 94.01 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. APOLLO GLOBAL MANAGEMENT INC demonstrates promising potential for sustained price momentum.
  • Maintaining a Debt-to-Equity ratio of 0.58, APOLLO GLOBAL MANAGEMENT INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 0.3% of the total shares held by institutional investors, APOLLO GLOBAL MANAGEMENT INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Zooming in on the technicals.

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 10 out of 10 to APO. Both in the recent history as in the last year, APO has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that APO is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, APO also shows a nice and consistent pattern of rising prices.
  • APO is part of the Financial Services industry. There are 103 other stocks in this industry. APO outperforms 95% of them.
  • APO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • APO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Check the latest full technical report of APO for a complete technical analysis.

Zooming in on the fundamentals.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

APO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 103 industry peers in the Financial Services industry. Both the profitability and the financial health of APO get a neutral evaluation. Nothing too spectacular is happening here. APO is growing strongly while it is still valued neutral. This is a good combination!

Our latest full fundamental report of APO contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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APOLLO GLOBAL MANAGEMENT INC

NYSE:APO (4/19/2024, 10:16:10 AM)

107.56

+0.26 (+0.24%)

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